CURRENT ACCOUNTS WITH BANK INDONESIA
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 552 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS
a. By Type, Currency, Maturity and Bank Indonesia’s Collectibility:
2014 Maturity
Current Loss
Total Rupiah:
Bank Indonesia 1 month
25,211,529 -
25,211,529 Call Money
1 month 5,886,000
- 5,886,000
1 month 3 months 980,000
- 980,000
Time Deposit 1 month
2,036,190 -
2,036,190 1 month 3 months
1,476,877 -
1,476,877 3 months 6 months
240,273 -
240,273 6 months 12 months
20,000 -
20,000 Saving
no maturity 1,055
- 1,055
Total Rupiah 35,851,924
- 35,851,924
Foreign currencies: Bank Indonesia
1 month 17,524,775
- 17,524,775
Call Money 1 month
5,824,715 -
5,824,715 12 months
- 45,053
45,053 Fixed Term Placement
1 month 1,756,361
- 1,756,361
1 month 3 months 545
- 545
3 months 6 months 199,770
- 199,770
12 months -
1,038 1,038
Time Deposit 1 month
8,571 -
8,571 Total foreign currencies Note 61B.v
25,314,737 46,091
25,360,828 Total
61,212,752 Less: Allowance for impairment losses
95,147 61,117,605
2013 Maturity
Current Loss
Total Rupiah:
Bank Indonesia 1 month
18,795,721 -
18,795,721 Call Money
1 month 2,785,000
- 2,785,000
Time Deposit 1 month
1,045,652 -
1,045,652 1 month 3 months
604,000 -
604,000 3 months 6 months
451,449 -
451,449 6 months 12 months
5,000 -
5,000 Saving
no maturity 1,373
- 1,373
Total Rupiah 23,688,195
- 23,688,195
Foreign currencies: Bank Indonesia
1 month 15,821,000
- 15,821,000
Call Money 1 month
3,741,791 -
3,741,791 1 month 3 months
9,736 -
9,736 12 months
- 66,079
66,079 Fixed-Term Placement
1 month 1,757,734
- 1,757,734
1 month 3 months 122,235
- 122,235
12 months -
1,521 1,521
Time Deposit 1 month
7,851 -
7,851 1 month 3 months
3,291 -
3,291 Total foreign currencies Note 61B.v
21,463,638 67,600
21,531,238 Total
45,219,433 Less: Allowance for impairment losses
105,599 45,113,834
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 553 6. PLACEMENTS WITH BANK INDONESIA AND OTHER BANKS continued
b. By Related Parties and Third Parties:
2014 2013
Rupiah: Related parties Note 55
1,250,349 668,504
Third parties 34,601,575
23,019,691 Total Rupiah
35,851,924 23,688,195
Foreign currencies: Related parties Note 55
252,729 248,278
Third parties 25,108,099
21,282,960 Total foreign currencies Note 61B.v
25,360,828 21,531,238
Total 61,212,752
45,219,433 Less: Allowance for impairment losses
95,147 105,599
61,117,605 45,113,834
c. Average Interest Rate yield per Annum:
2014 2013
Rupiah 4.25
3.50 Foreign currencies
0.15 0.16
d. As at 31 December 2014 and 2013, there were no placements pledged as cash collateral. e. Movements of allowance for impairment losses on placements with other banks:
2014 2013
Balance at beginning of year 105,599
85,258 Reversalallowance during the year Note 44
10,321 8,548
Others 131
11,793
Balance at end of year 95,147
105,599
Includes effect of foreign currency translation.
Management believes that the allowance for impairment losses on placements with Bank Indonesia and other banks is adequate.
Bank Mandiri has a placement with a financial institution in liquidation, which has been classified as loss or “impaired”. Bank Mandiri’s claims that have been approved by the Trustee based on the
creditors meeting on 5 November 2009 amounted to EUR16,395,092 full amount for the placement. On 10 March 2010, 24 November 2010, 6 September 2012 and 23 January 2014 the
Trustee has paid a portion of the claims interim distribution to Bank Mandiri, after a set-off with the balance of demand deposit, inter-bank call money and LC UPAS obligation of the Subsidiary
to the financial institution. The balance of Bank Mandiris placement with the financial institution in liquidation as at 31 December 2014 and 2013 amounted to EUR3,061,829 full amount and
EUR4,033,599 full amount, respectively. As at 31 December 2014 and 2013, Bank Mandiri has established full reserve for impairment losses on the remaining outstanding balance of placement
with the financial institution.
f. Information in respect of classification of “non-impaired” and “impaired” is disclosed in Note 61A.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 554 7. MARKETABLE SECURITIES
a. By Purpose, Related Parties and Third Parties:
2014 2013
Marketable securities Related parties Note 55:
Fair value through profit or loss 699,913
939,437 Available for sale
6,628,460 3,661,685
Held to maturity 1,157,606
334,199 At cost
295,000 423,000
8,780,979 5,358,321
Third parties: Fair value through profit or loss
3,693,306 1,644,183
Available for sale 6,599,574
6,764,572 Held to maturity
6,034,421 2,831,050
At cost 217,933
316,778 Loans and Receivables
- 13,210
16,545,234 11,569,793
Investments in unit-linked contracts Related parties Note 55:
Fair value through profit or loss 6,022,118
3,578,934 Third parties:
Fair value through profit or loss 9,502,827
6,882,202 Total
40,851,158 27,389,250
Addless: Unamortised discountspremium
3,553 1,496
Unrealised loss on decrease in fair value of marketable securities
80,668 271,132
Allowance for impairment losses 301,779
317,066 386,000
586,702 40,465,158
26,802,548
Marketable securities owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”. Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented
at fair value.
b. By Type, Currency and Bank Indonesia’s Collectibility:
2014
Cost Unamortised Unrealised
Fair ValueAmortised Cost Nominal Premiums
Gains Value
Discounts Losses
Current Substandard
Loss Total
Rupiah: Fair value through profit or loss
Marketable securities Bonds
565,649 -
6,311 559,338
- -
559,338 Certificates of Bank Indonesia
2,288,015 -
5,858 2,293,873
- -
2,293,873 Investments in mutual fund units
1,139,039 -
9,506 1,148,545
- -
1,148,545 Shares
170,893 -
5,081 175,974
- -
175,974 4,163,596
- 14,134
4,177,730 -
- 4,177,730
Investments in unitlinked contracts Shares
15,367,204 -
- 15,367,204
- -
15,367,204 Bonds
43,025 -
- 43,025
- -
43,025 Investments in mutual fund units
114,716 -
- 114,716
- -
114,716 15,524,945
- -
15,524,945 -
- 15,524,945
19,688,541 -
14,134 19,702,675
- -
19,702,675 Held to maturity securities are presented at nominal value.
Held to maturity securities are presented at amortised cost. Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented
at fair value.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 555 7. MARKETABLE SECURITIES continued
b. By Type, Currency and Bank Indonesia’s Collectibility continued:
2014
Cost Unamortised Unrealised
Fair ValueAmortised Cost Nominal Premiums
Gains Value
Discounts Losses
Current Substandard
Loss Total
Rupiah continued: Available for sale
Investments in mutual fund units 4,927,000
- 45,419
4,972,419 -
- 4,972,419
Bonds 2,447,545
- 40,253
2,407,292 -
- 2,407,292
Medium term notes 450,000
- -
450,000 -
- 450,000
Negotiable Certificate of Deposit 361,581
- 109
361,690 -
- 361,690
8,186,126 -
5,275 8,191,401
- -
8,191,401 Held to maturity
Certificates of Bank Indonesia 2,868,304
2,527 -
2,865,777 -
- 2,865,777
Bonds 1,986,000
91 -
1,898,949 86,960
- 1,985,909
Medium term notes 1,150,000
1,915 -
1,148,085 -
- 1,148,085
Export bills 128,754
- -
128,754 -
- 128,754
6,133,058 4,533
- 6,041,565
86,960 -
6,128,525 At cost
Sharia Corporate bonds 495,000
980 -
358,980 137,000
495,980 Export bills
17,044 -
- 17,044
- -
17,044 512,044
980 -
376,024 -
137,000 513,024
Total Rupiah 34,519,769
3,553 19,409
34,311,665 86,960
137,000 34,535,625
Foreign currencies: Fair value through profit or loss
Treasury bills 229,623
- 17
229,606 -
- 229,606
Available for sale Bonds
4,784,762 -
96,865 4,687,897
- -
4,687,897 Treasury bills
257,146 -
3,195 253,951
- -
253,951 5,041,908
- 100,060
4,941,848 -
- 4,941,848
Held to maturity Export bills
1,058,969 -
- 1,058,969
- -
1,058,969 At cost
Export bills 889
- -
889 -
- 889
Total foreign currencies Note 61B.v 6,331,389
- 100,077
6,231,312 -
- 6,231,312
Total 40,851,158
3,553 80,668
40,542,977 86,960
137,000 40,766,937
Less: Allowance for impairment losses 301,779
Net 40,465,158
Held to maturity securities are presented at nominal value. Held to maturity securities are presented at amortised cost.
Marketable securities owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 556 7. MARKETABLE SECURITIES continued
b. By Type, Currency and Bank Indonesia’s Collectibility continued:
2013
Cost Unamortised Unrealised
Fair ValueAmortised Cost Nominal Premiums
Gains Value
Discounts Losses
Current Substandard
Loss Total
Rupiah: Fair value through profit or loss
Marketable securities Bonds
1,400,328 -
12,645 1,387,683
- -
1,387,683 Investments in mutual fund units
969,861 -
1,089 970,950
- -
970,950 Shares
695 -
216 479
- -
479 2,370,884
- 11,772
2,359,112 -
- 2,359,112
Investments in unit-linked contracts Shares
10,155,646 -
- 10,155,646
- -
10,155,646 Bonds
205,139 -
- 205,139
- -
205,139 Investments in mutual fund units
100,351 -
- 100,351
- -
100,351 10,461,136
- -
10,461,136 -
- 10,461,136
12,832,020 -
11,772 12,820,248
- -
12,820,248 Available for sale
Investments in mutual fund units 5,427,000
- 32,446
5,459,446 -
- 5,459,446
Bonds 1,655,854
- 15,826
1,640,028 -
- 1,640,028
Medium term notes 600,058
- 982
601,040 -
- 601,040
Certificates of Bank Indonesia 4,928
- -
4,928 -
- 4,928
7,687,840 -
17,602 7,705,442
- -
7,705,442 Held to maturity
Bonds 1,077,000
1,183 -
989,049 -
86,768 1,075,817
Export bills 168,985
- -
168,985 -
- 168,985
Certificates of Bank Indonesia 130,000
162 -
129,838 -
- 129,838
1,375,985 1,345
- 1,287,872
- 86,768
1,374,640 At cost
Sharia Corporate bonds 728,000
2,841 -
593,841 -
137,000 730,841
Export bills 11,778
- -
11,778 -
- 11,778
739,778 2,841
- 605,619
- 137,000
742,619 Total Rupiah
22,635,623 1,496
5,830 22,419,181
- 223,768
22,642,949 Foreign currencies:
Fair value through profit or loss Treasury bills
212,736 -
65 212,671
- -
212,671 Available for sale
Bonds 2,617,430
- 270,645
2,346,785 -
- 2,346,785
Treasury bills 120,879
- 6,252
114,627 -
- 114,627
Shares 108
- -
- -
108 108
2,738,417 -
276,897 2,461,412
- 108
2,461,520 Held to maturity
Export bills 1,789,264
- -
1,789,264 -
- 1,789,264
Loans and receivables bond 13,210
- -
- 13,210
13,210 Total foreign currencies Note 61B.v
4,753,627 -
276,962 4,463,347
- 13,318
4,476,665 Total
27,389,250 1,496
271,132 26,882,528
- 237,086
27,119,614 Less: Allowance for impairment losses
317,066
Net 26,802,548
Held to maturity securities are presented at nominal value. Held to maturity securities are presented at amortised cost.
Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented at fair value.
Marketable securities owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 557 7. MARKETABLE SECURITIES continued
c. By Remaining Period to Maturity:
2014 2013
Marketable securities Rupiah:
No maturity date 1,823,931
1,064,557 1 year
10,668,922 2,747,514
≥ 1 5 years 6,358,971
7,878,416 ≥ 5 ≤ 10 years
143,000 484,000
Total Rupiah 18,994,824
12,174,487 Foreign currencies:
No maturity date -
108 1 year
1,423,613 2,002,001
≥ 1 5 years 889,588
250,652 ≥ 5 ≤ 10 years
4,018,188 2,500,866
10 years -
- Total foreign currencies Note 61B.v
6,331,389 4,753,627
Investments in unit-linked contracts Rupiah:
No maturity date 15,481,920
10,255,997 1 year
- 93,421
≥ 1 5 years 20,148
58,001 ≥ 5 ≤ 10 years
22,877 53,717
Total Rupiah 15,524,945
10,461,136 Total
40,851,158 27,389,250
Addless: Unamortised discountspremiums
3,553 1,496
Unrealised loss on decrease in fair value of securities
80,668 271,132
Allowance for impairment losses 301,779
317,066 386,000
586,702 40,465,158
26,802,548
Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented at fair value.
d. By Issuer:
2014 2013
Marketable securities Corporate
16,459,149 13,292,637
Central Bank 5,385,943
322,558 Banks
3,016,163 2,598,377
Government 464,958
714,542 25,326,213
16,928,114 Investments in unit-linked contracts
Banks 4,214,249
2,514,009 Corporate
11,310,696 7,947,127
15,524,945 10,461,136
Total 40,851,158
27,389,250 Addless:
Unamortised discountspremiums 3,553
1,496 Unrealised loss on decrease in
fair value of securities 80,668
271,132 Allowance for impairment losses
301,779 317,066
386,000 586,702
40,465,158 26,802,548
Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented at fair value.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 558 7. MARKETABLE SECURITIES continued
e. Details of Bonds by Rating:
Rating Fair ValueAmortised Cost
Rating Agencies 2014
2013 2014
2013 Rupiah
Fair value through
profit or loss
Marketable securities Bonds
PT Adira Dinamika Multifinance Tbk.
Pefindo idAAA
idAA+ 43,968
13,911 PT Federal International
Finance Pefindo
idAA+ idAA+
38,059 74,411
PT Bank International Indonesia Tbk.
Pefindo idAAA
idAAA 10,933
10,863 PT Bank OCBC NISP
Tbk. Pefindo
idAAA idAAA
9,797 58,702
PT Aneka Tambang Persero Tbk.
Pefindo idA
idAA- 6,451
6,531 PT Sumberdaya
Sewatama Pefindo
idA idA
982 967
PTJasa Marga Persero Tbk.
Pefindo -
idAA -
149,625 PT Sarana Multigriya
Finansial Persero Pefindo
- idAA
- 54,964
PT BCA Finance Tbk. Pefindo
- idAA+
- 24,820
idAA-, idAA, idA-, idAAA,
Others Various
idAA+, idAAA AA- idn
449,148 992,889
559,338 1,387,683
Investments in unit-linked contracts PT AKR Corporindo Tbk. Pefindo
idAA- idAA-
25,760 52,617
PT Adira Dinamika Multi Finance Tbk.
Pefindo idAAA
idAA+ 1,969
4,942 PT Astra Sedaya Finance Pefindo
- idAA+
- 53,520
PT Bank CIMB Niaga Tbk. Pefindo -
idAAA -
22,281 PT Jasa Marga
Persero Tbk. Pefindo
- idAA
- 14,486
PT Bank Panin Indonesia Tbk.
Pefindo -
idAA -
13,435 PT Toyota Astra Financial
Services Pefindo
- idAA
- 11,817
Others Pefindo
idA, idA+, idAA- idA, idAAA
15,296 32,041
43,025 205,139
602,363 1,592,822
Available for sale
Bonds PT Indofood Sukses
Makmur Tbk. Pefindo
idAA+ idAA+
330,400 316,638
PT Jasa Marga Persero Tbk.
Pefindo idAA
idAA 317,620
199,580 PT Astra Sedaya
Finance Pefindo
idAAA idAA+
249,350 198,750
PT Sarana Multigriya Finansial Persero
Pefindo idAA+
idAA 143,665
100,025 PT Bank Internasional
Indonesia Tbk. Pefindo
idAAA idAAA
122,988 120,183
PT Bank OCBC NISP Tbk.
Pefindo idAAA
idAAA 105,530
97,350 PT Medco Energi
Internasional Tbk. Pefindo
idAA- idAA-
66,010 68,600
PT Panorama Sentrawisata Tbk.
Pefindo idA-
idA- 50,277
50,260 PT Pembangunan
Jaya Ancol Tbk. Pefindo
idAA- idAA-
49,263 49,062
PT Wijaya Karya Persero Tbk.
Pefindo -
idA+ -
300,000 idA, idA+, idAA-
idA-, idAAA Others
Various idAA+, idAAA
AA- idn 972,189
139,580 2,407,292
1,640,028 Information on rating of bonds were obtained from Bloomberg, which is based on ratings issued by the rating agencies, such as Pemeringkat Efek Indonesia
Pefindo, Standard and Poor’s, Moody’s and Fitch Ratings. Held to maturity securities are stated at amortised costs.
Bonds classified as fair value through profit or loss mainly consist of treasury bills Surat Perbendaharaan Negara which has no rating Investments in unit-linked contracts are investments owned by policyholders of Subsidiary’s unit-linked contracts which are presented at fair value.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 559 7. MARKETABLE SECURITIES continued
e. Details of Bonds by Rating continued:
Rating Fair ValueAmortised Cost
Rating Agencies 2014
2013 2014
2013 Rupiah continued
Held to maturity
Bonds PT Tunas Baru
Lampung Tbk. Pefindo
idA idA
500,000 500,000
PT Surya Artha Nusantara Finance Tbk.
Pefindo idAA-
- 300,000
- PT Medco Energi
International Tbk. Pefindo
idAA- idAA-
223,000 223,000
PT Arpeni Pratama Ocean Line Tbk.
Pefindo idD
idD 86,960
86,768 PT Mayora Indah Tbk.
Pefindo idAA-
idAA- 74,000
55,000 PT Indosat Tbk.
Pefindo idAAA
idAA+ 60,949
211,049 idA, idAA-, idAA
Others Various
idAA+, idAAA -
741,000 -
1,985,909 1,075,817
At cost
Sharia Corporate Bonds PT Perusahaan Listrik
Negara Persero Tbk. Pefindo
idAAA idAAA
295,572 316,581
PT Berlian Laju Tanker Tbk.
Pefindo idD
idD 87,000
87,000 PT Indosat Tbk.
Pefindo -
idAA+ -
108,007 PT Salim Ivomas
Pratama Tbk. Pefindo
- idAA
- 60,000
A+ idn A+ idn
Others Various
idD, idA idD, idA+
113,408 159,253
495,980 730,841
2,481,889 1,806,658
Total Rupiah 5,491,544
5,039,508 Foreign currencies
Available for sale Bonds
PT Pertamina Persero Fitch
BBB- BBB-
3,803,297 2,071,368
PT Bank Negara Indonesia Persero Tbk. Moody’s
Baa3 Baa3
407,219 36,528
PT Perusahaan Listrik Negara Persero Tbk.
Pefindo idAAA
- 213,177
- PT Bank Rakyat
Indonesia Persero Tbk. Moody’s Baa3
Baa3 122,612
114,094 Perusahaan Gas Negara
Persero Tbk. Moody’s
Baa3 -
88,608 -
Bank Of East Asia SP
A- A-
27,421 26,588
Bank of China Hong kong
SP A+
A+ 25,563
25,734 Lembaga Pembiayaan
Ekspor Indonesia Moody’s
- Baa3
- 72,473
4,687,897 2,346,785
Loan and Receivable
Bond Advance SCT
- -
- -
13,210
Total foreign currencies Note 61B.v
4,687,897 2,359,995
Information on rating of bonds were obtained from Bloomberg, which is based on ratings issued by the rating agencies, such as Pemeringkat Efek Indonesia Pefindo, Standard and Poor’s, Moody’s and Fitch Ratings.
Held to maturity securities are stated at amortised costs. Marketable securities owned by Subsidiary which was recorded in accordance with SFAS 110 “Accounting for Sukuk”.
Bond that has no rating.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2014 AND 2013
Expressed in millions of Rupiah, unless otherwise stated
Appendix 560 7. MARKETABLE SECURITIES continued
f. Average Interest Rate yield per Annum:
2014 2013
Rupiah 6.74
5.25 Foreign currencies
5.56 6.02
g. Movements of allowance for impairment losses on marketable securities:
2014 2013
Balance at beginning of year 317,066
281,513 Allowance during the year Note 44
18,804 30,199
Others 34,091
5,354
Balance at end of year 301,779
317,066
Includes effect of foreign exchange translation.
Management believes that the allowance for impairment losses on marketable securities is adequate.
h. Information in respect of classification of “non-impaired” and “impaired” is disclosed in Note 61A. i.
In December 2013, the Subsidiary, Bank Mandiri Europe Limited reclassified all of marketable securities from “held to maturity” into “available for sale” classification with nominal value of
Rp194,720. The reclassification was not more than insignificant amount of the “held to maturity” portfolio in the consolidated financial statements, therefore, it did not resut to a breach of tainting
rule in the consolidated financial statements.
j. As at 31 December 2014 and 2013, the Bank has become the major investor in some mutual
funds classified as available for sale, which consist of Reksa Dana Terproteksi BNP Paribas Selaras, Reksa Dana Terproteksi BNP Paribas Selaras 2, Reksa Dana Terproteksi Schroder
Regular Income Plan X, Reksa Dana Terproteksi Schroder Regular Income Plan XI, Reksa Dana Terproteksi Schroder Regular Income Plan XII liquidated in 2014 with fair value as at
31 December 2014 amounting to Rp1,507,907, Rp1,010,412, Rp808,405, Rp804,267 dan RpNil, respectively 2013: amounting to Rp1,507,088, Rp1,008,918, Rp803,804, Rp807,095 and
Rp901,011, respectively. The main underlying assets of the mutual funds consist of Government Bonds.
k. As at 31 December 2014, marketable securities with total nominal amount of USD65,000,000 full amount 2013: USDNil had been pledged as collateral for funds borrowing from other banks
Note 36c.